Probability is the theory that allows us to make an inference from a sample to a population. It provides the mathematical and theoretical basis for quantifying uncertainty. Probability is also used ...

This article considers the use of sports board games to introduce or illustrate a wide variety of probability concepts to introductory statistics students in an integrated manner. We demonstrate the ...

Solving Math Riddles is a fun way to practice basic arithmetic skills. The questions range from simple addition and subtraction problems to more complex ones such as solving equations, calculating the ...

The world is full of uncertainty: accidents, storms, unruly financial markets, noisy communications. The world is also full of data. Probabilistic modeling and the related field of statistical ...

Do you feel intimidated by the idea of investing in the stock market? Well, if you do, You’re not alone! It can be overwhelming to wrap your head around all the financial terms and calculations. By ...

This course provides a solid basis for further study in statistics and data analysis or in pattern recognition and operations research. It is especially appropriate for students with an undergraduate ...

In this puzzle, you need to make use of probability to reach the final solution. Will you be able to solve it? Maths may not be everyone’s cup of tea, however, if it is yours, we have just the brain ...

This course is available on the MSc in Risk and Stochastics, MSc in Statistics (Financial Statistics) and MSc in Statistics (Financial Statistics) (Research). This course is available with permission ...

This course is available on the MSc in Financial Mathematics, MSc in Mathematics and Computation and MSc in Quantitative Methods for Risk Management. This course is available with permission as an ...